The Art of Spending Money: How to Get Rich and STAY Rich | Morgan Housel
How do you spend money in ways that actually make life better?
Morgan Housel, author of the new book The Art of Spending Money, explores status vs. satisfaction, the hedonic treadmill, and why money’s best use is buying independence.
We also cover quiet compounding, a practical 15-stage path to financial freedom, when to spend vs. save, helping kids without spoiling them, and small experiments that raise the utility of every dollar.
------
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium
------
BANKLESS SPONSOR TOOLS:
🪙FRAXNET | MINT, REDEEM, EARN
https://bankless.cc/fraxnet
🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain
🛞MANTLE | MODULAR L2 NETWORK
https://bankless.cc/Mantle
🌳KGEN | REQUEST A DEMO
https://bankless.cc/KGEN-podcast
🐂BULLISH | U.S. EXCHANGE LAUNCH
https://bankless.cc/bullish
💠BIT DIGITAL ($BTBT) | ETH TREASURY
https://bankless.cc/bit-digital
We’re being compensated by Bit Digital (NASDAQ BTBT) for this segment promoting their company and BTBT. The compensation is paid in cash as a one time payment. You can find additional information about Bit Digital and BTBT on their Investor page at https://bit-digital.com/investors
------
TIMESTAMPS
0:00 Intro
2:29 Who’s The Book For?
5:49 There’s No Universal Formula
12:59 What People Want
19:36 Money as a Curse
22:03 Taking a Step Off
26:59 Holding vs Spending
30:26 Identity Traps
33:50 Secret to Contentment
37:32 External vs Internal Benchmarks
40:41 Making an Impact
42:37 Social Debt
50:51 Quiet Compounding
55:10 Financial Freedom
1:02:20 Money & Parenting
1:09:48 Balancing Saving & Spending
1:14:44 Small Purchases
1:16:59 Trying New Things
1:19:29 Morgan’s Financial Decisions
1:21:37 Closing & Disclaimers
------
RESOURCES
Morgan Housel
https://x.com/morganhousel?lang=en
The Art of Spending Money
https://www.amazon.com/Art-Spending-Money-Simple-Choices/dp/0593716620
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
--------
--------
ROLLUP: Uptober Rally | Tom Lee $1B ETH Buy | Vanguard Flips to Crypto | Stripe Stablecoin Play
In this week’s Weekly Rollup, Uptober kicks off with Bitcoin and Ethereum surging toward all-time highs as Tom Lee drops another $1B into ETH and Vanguard finally opens its doors to crypto ETFs.
We cover Stripe’s push to break the Tether–Circle duopoly with its new stablecoin platform, Cloudflare’s surprising entry into onchain payments, and Swift teaming up with Consensys on blockchain rails. Plus, Zcash rockets 200%, Ethereum’s Lighter perps exchange goes live, and Circle sparks debate with plans for reversible USDC.
---
📣0G | CRYPTO X AI
https://bankless.cc/OGAI
---
BANKLESS SPONSOR TOOLS:
🪙FRAXNET | MINT, REDEEM, EARN
https://bankless.cc/fraxnet
🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain
🛞MANTLE | MODULAR L2 NETWORK
https://bankless.cc/Mantle
🌳KGEN | REQUEST A DEMO
https://bankless.cc/KGEN-podcast
🐂BULLISH | U.S. EXCHANGE LAUNCH
https://bankless.cc/bullish
💠BIT DIGITAL ($BTBT) | ETH TREASURY
https://bankless.cc/bit-digital
*We’re being compensated by Bit Digital (NASDAQ BTBT) for this segment promoting their company and BTBT. The compensation is paid in cash as a one time payment. You can find additional information about Bit Digital and BTBT on their Investor page at https://bit-digital.com/investors*
---
TIMESTAMPS & RESOURCES
0:00 Intro
3:38 U.S. Government Shutdown
https://www.bbc.com/news/articles/crrj1znp0pyo
7:13 Markets
https://x.com/pumatheuma/status/1973717212025553313 - ZK Szn??
https://x.com/CoinDesk/status/1971565473218113771
https://www.strategicethreserve.xyz/
https://www.bankless.com/read/news/another-week-another-buy-bitmine-stacks-234k-eth
https://x.com/Jrag0x/status/1972643353918677497
https://x.com/smyyguy/status/1971585912602796266
https://x.com/fundstrat/status/1972948825578131523
https://www.reuters.com/sustainability/boards-policy-regulation/us-regulators-probe-stock-moves-before-companies-made-crypto-treasury-2025-09-26/
24:57 Plasma nailed its go-to-market
https://x.com/Plasma/status/1972660468561965173
https://www.coingecko.com/en/coins/plasma
https://defillama.com/chains
https://blockworks-research.beehiiv.com/p/plasma-s-defi-shockwave
https://x.com/lemiscate/status/1972337762205339788
https://x.com/ajwarner90/status/1972823448897634648
https://x.com/RyanSAdams/status/1973436365225468336
32:35 Everyone gets a Stablecoin! The duopoloy is dead!
Phantom announced Cash stablecoin
https://x.com/phantom/status/1973035201950617617
https://x.com/useCash/status/1973035307139477561
https://stripe.com/blog/introducing-open-issuance-from-bridge
https://x.com/zcabrams/status/1973052207911129557
https://x.com/nic__carter/status/1973399535092171216
38:43 Cloudflare launched their own stablecoin on Base
https://x.com/CoinbaseDev/status/1970477072792592484
https://x.com/eastdakota/status/1971226533831582073
https://x.com/Kira_sama/status/1971237126378504230
https://x.com/Rewkang/status/1970782770805813392
https://x.com/RyanSAdams/status/1973753405894992073
44:18 Lighter - Ethereum Zk Perps
https://x.com/Lighter_xyz/status/1973508660061180363
https://defillama.com/protocol/lighter
50:06 More crypto TradFi mainstream!
https://x.com/MorphoLabs/status/1972913932802421202
https://finance.yahoo.com/news/swift-teams-ethereum-software-giant-190506673.html
https://www.theblock.co/post/372706/swift-blockchain-ledger-consensys
https://x.com/Louis_Tellier/status/1973692818452337125
https://cointelegraph.com/news/circle-examines-reversible-stablecoin-transactions
57:36 With new Sora, the need for zk proving reality 100x-ed
https://youtu.be/qeORiYlsEH4?t=374
https://x.com/pumatheuma/status/1973258262939312433
1:01:52 CEO of Polymarket gets flipped off
https://x.com/shayne_coplan/status/1972675295564931242
https://x.com/nickpreszler/status/1972748902240780589
1:04:44 Closing, Disclaimers, & Moment of Zen
https://x.com/coinbase/status/1972731382830072129
---
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
--------
--------
The State of Authoritarian Tech | Steven Feldstein
Authoritarian regimes are upgrading their playbook — from surveillance cameras and spyware to algorithmic censorship and AI-driven policing. Steven Feldstein, senior fellow at Carnegie and author of The Rise of Digital Repression, joins Bankless to map the expanding world of repression technology.
We cover everything from Nepal’s protest movement to China’s sophisticated censorship stack, the global spyware industry, and the unsettling rise of predictive policing and AI in warfare. Along the way, Feldstein explains how financial repression and social credit systems extend state power into the economic sphere — and where crypto fits into the story of resistance.
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium
---
BANKLESS SPONSOR TOOLS:
🪙FRAXNET | MINT, REDEEM, EARN
https://bankless.cc/fraxnet
🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain
🛞MANTLE | MODULAR L2 NETWORK
https://bankless.cc/Mantle
🌳KGEN | REQUEST A DEMO
https://bankless.cc/KGEN-podcast
🐂BULLISH | U.S. EXCHANGE LAUNCH
https://bankless.cc/bullish
💠BIT DIGITAL ($BTBT) | ETH TREASURY
https://bankless.cc/bit-digital
We’re being compensated by Bit Digital (NASDAQ BTBT) for this segment promoting their company and BTBT. The compensation is paid in cash as a one time payment. You can find additional information about Bit Digital and BTBT on their Investor page at https://bit-digital.com/investors
---
TIMESTAMPS
0:00 Intro
1:54 The Toolkit of Digital Repression
4:22 Nepal Protests & Freedom Tech
13:32 China’s Integrated Control Playbook
19:48 Who Builds And Sells Repression
28:51 Vendors, Dual-Use, Governance Risks
36:04 Democracies Use These Tools Too
45:00 AI Supercharges Repression
51:57 Crushing Mobilization & 3.5% Rule
58:55 Blunt Backfires, Iran Copies China
1:07:43 How Repression Tech Spreads
1:13:29 Financial Repression, Crypto Workarounds
1:18:48 How To Resist, Practically
1:23:44 Closing Thoughts
---
RESOURCES
Steven Feldstein
https://x.com/stevejfeldstein
The Rise of Digital Repression:
How Technology is Reshaping Power, Politics, and Resistance
https://stevejfeldstein.com/
---
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
--------
--------
The State of Authoritarian Tech | Steven Feldstein
Authoritarian regimes are upgrading their playbook — from surveillance cameras and spyware to algorithmic censorship and AI-driven policing. Steven Feldstein, senior fellow at Carnegie and author of The Rise of Digital Repression, joins Bankless to map the expanding world of repression technology.
We cover everything from Nepal’s protest movement to China’s sophisticated censorship stack, the global spyware industry, and the unsettling rise of predictive policing and AI in warfare. Along the way, Feldstein explains how financial repression and social credit systems extend state power into the economic sphere — and where crypto fits into the story of resistance.
---
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium
---
BANKLESS SPONSOR TOOLS:
🪙FRAXNET | MINT, REDEEM, EARN
https://bankless.cc/fraxnet
🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain
🛞MANTLE | MODULAR L2 NETWORK
https://bankless.cc/Mantle
🌳KGEN | REQUEST A DEMO
https://bankless.cc/KGEN-podcast
🐂BULLISH | U.S. EXCHANGE LAUNCH
https://bankless.cc/bullish
💠BIT DIGITAL ($BTBT) | ETH TREASURY
https://bankless.cc/bit-digital
We’re being compensated by Bit Digital (NASDAQ BTBT) for this segment promoting their company and BTBT. The compensation is paid in cash as a one time payment. You can find additional information about Bit Digital and BTBT on their Investor page at https://bit-digital.com/investors
---
TIMESTAMPS
0:00 Intro
1:54 The Toolkit of Digital Repression
4:22 Nepal Protests & Freedom Tech
13:32 China’s Integrated Control Playbook
19:48 Who Builds And Sells Repression
28:51 Vendors, Dual-Use, Governance Risks
36:04 Democracies Use These Tools Too
45:00 AI Supercharges Repression
51:57 Crushing Mobilization & 3.5% Rule
58:55 Blunt Backfires, Iran Copies China
1:07:43 How Repression Tech Spreads
1:13:29 Financial Repression, Crypto Workarounds
1:18:48 How To Resist, Practically
1:23:44 Closing Thoughts
---
RESOURCES
Steven Feldstein
https://x.com/stevejfeldstein
The Rise of Digital Repression:
How Technology is Reshaping Power, Politics, and Resistance
https://stevejfeldstein.com/
---
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
--------
--------
Was That the Top? Bitcoin, ETH, & Q4 Setup | Michael Nadeau's DeFi Report #6
Is this really the cycle top, or just a reset before Q4 fireworks? Michael Nadeau from The DeFi Report joins Ryan to decode the latest onchain and macro data. We dig into Bitcoin’s key levels, ETH’s $4K line, and why September’s liquidation event might have cleared the path for new highs in Q4. Michael explains what a “mini alt season” tells us about dominance, where fresh capital could come from, and how to think about positioning ahead of year-end.
Michael Nadeau & The DeFi Report:
https://x.com/JustDeauIt
https://thedefireport.io/research/is-the-top-in
——————
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium
——————
BANKLESS SPONSOR TOOLS:
🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax
🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🎩DEGEN | JOIN THE COMMUNITY
https://bankless.cc/degen
🌳KGEN | REQUEST A DEMO
https://bankless.cc/KGEN-podcast
🏄SURF | UPGRADE YOUR CRYPTO RESEARCH
https://bankless.cc/surf
——————
TIMESTAMPS
0:00 Introduction to Crypto Fundamentals
1:43 Recapping the Summer Market
2:11 Analyzing the Mini Altcoin Season
6:54 Examining Long-Term Holder Behavior
7:35 Bitcoin vs. Altcoins: Market Dynamics
12:38 The Next Phase of the Cycle
14:41 Bitcoin's Critical Price Levels
17:12 Moving Averages: Key Indicators
20:40 Current State of the Altcoin Market
26:34 Insights on Ethereum’s Future
27:44 Liquidation Events and Market Sentiment
31:22 Understanding Global Liquidity
34:42 Macro Economic Outlook
38:41 Impact of Rate Cuts on Crypto
47:41 Future Capital Inflows into Crypto
49:37 Monitoring Market Cycles & Conditions
50:49 Closing & Disclaimers
——————
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Netherlands